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Regulation No. 1377 governing the payment of a levy on the grid tariff into the Energy Fund (Energy Fund Regulations).

Country
Type of law
Regulation
Date of original text
Date of latest amendment
Source


Abstract
These Regulations shall ensure the efficient payment and verification of contributions to the Energy Fund. Trading licensees that charge tariffs for drawing electrical energy from a distribution network shall add a levy to their invoices for all consumption and shall pay this levy to the Energy Fund. Trading licensees shall submit periodic statements to the manager of the Energy Fund. The manager of the Energy Fund shall monitor compliance with section 4 of the Energy Act and with provisions of or pursuant to these Regulations and shall have the right to conduct inspections of accounts and demand all information necessary for monitoring compliance. Assets of the Fund shall be used to restructure the energy sector.
Notes
Consolidated version of Reg. No. 1377 of 2001 as amended last by Reg. No. 964 of 2004.
Repealed
No
Publication reference
Unofficial translation of the Norwegian Water Resources and Energy Directorate.
Source language

English

Legislation Amendment
No